SPY institutional options flow analysis — multi-leg block trades, dominant direction, and gamma analysis from the public options tape for February 19, 2026. Articles older than 60 days are public; sign in to read flow within the past month, upgrade to AIme Premium for today's unusual options trades without the delay.

SPY Unusual Options Activity — 2026-02-19

Institutional flow on 2026-02-19

Multi-leg block trades, dominant direction, and gamma analysis

$25.5M7 trades
Short PutLong Put

Trade Details

BUY$675 PUT20260303$7.3MLong Put
BUY$675 PUT20260303$6.3MLong Put
SELL$660 PUT20260303$3.7MShort Put
SELL$660 PUT20260303$3.1MShort Put
BUY$675 PUT20260303$2.4MLong Put
BUY$675 PUT20260303$1.5MLong Put
SELL$660 PUT20260303$1.2MShort Put

Gamma Analysis

GEX Bias
Bearish
Support
$
Resistance
$